In recent years, with the transformation of villages in the city, the construction of indemnificatory housing and other "three major projects" have been launched one after another, the demand for government agent construction has increased, and the further development of commercial agent construction has ushered in a broad space for development. its "light assets, anti-cyclical" and other characteristics have also attracted the influx of a large number of housing enterprises. By the end of 2023, more than 90 enterprises have entered the field of agent construction.

Since 2024, Cosco Group's agent construction business platform-Cosco Construction Management has made continuous efforts, and has obtained 10 agent construction projects in Beijing, Wuhan, Jinan, Kunming and other cities, expanding an area of about one million square meters.

Different from other enterprises' active housing projects, Cosco Construction and Management is more diverse in terms of business formats, covering residential, commercial, office, logistics park, hotel, pension and other formats.Crashbandicoot4ps3At the same time, Cosco Construction Management also has the whole industry chain of construction and the whole process service system of development and operation. Analysts pointed out that Cosco Construction Management can be called an "integrated service expert", and its comprehensive advantages will help to meet the client's diversified and customized needs.

In March this year, Cosco Construction Management signed an agency construction agreement with World League Logistics, entrusted with building the World League North China supply chain Management Center located in Yizhuang, Beijing. For real estate enterprises, it is rare to be able to obtain logistics agent construction, which is inseparable from years of deep ploughing in the field of logistics. Up to now, Cosco has invested in and managed nearly 40 logistics real estate projects, which can provide clients with high-standard warehouses, cold-chain warehouses and other diversified logistics warehousing solutions.

In April, the services provided by two Cosco projects signed in Kunming also broke through the scope of traditional agent construction business. Among them, Cosco Construction Management will provide first-class land development consultant and secondary development agent escrow services for the Panjiawan project, while the test of the Jiangjiaying urban village reconstruction project is even higher, and the ocean construction management also shoulders the task of integrating resources and invigorating assets.

It is worth mentioning that among the dozens of newly signed projects of ocean construction and management, four are government construction projects, which are distributed in Beijing, Wuhan, Jinan and other cities. Analysts pointed out that the government agent construction has its particularity, on the one hand, it attaches great importance to compliance.

On the other hand, most of the agent construction projects are people's livelihood projects, and only the highly qualified agent construction enterprises recognized by the government will have a greater chance of getting orders, and it is difficult for other agent construction enterprises to get involved.

Cosco is one of the earliest housing enterprises in the industry to set foot in the agent construction business, with plenty of experience in the field of government agent construction and many benchmarking projects. As early as 2003, as an agent construction unit, Cosco assisted the Beijing Municipal Government in the modernization of the Beijing Planning and Exhibition Hall; in 2005, the Zhongshan Expo Center project built by Cosco was awarded the Luban Award, the highest award in China's construction project, creating a world-class window for exhibition.

In recent years, Cosco has been entrusted by the local government to build projects such as Yusen City in Zhengzhou, Huihuating in Haiyan Capital, Zhejiang Province, and indemnificatory apartment in Cixi, Zhejiang Province. In February this year, Cosco Construction Management received a thank-you letter from the government of Haiyan County. Huihuating, the capital built on its behalf, delivered high-quality delivery on schedule at the end of December 2023, delivering a total of 436 households, with a delivery rate of 91.Crashbandicoot4ps3.9%, which is in the forefront of the city, and achieved the best-selling TOP3 in the sea salt market in 2023.

Up to now, ocean construction management has signed more than 40 projects, with a total contract area of more than 5.5 million square meters. relying on the competitive advantage of differentiation, the market share of ocean construction management is expected to increase steadily.